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the unemployment department on jobs. applications rose to 360,000. that is up from last week. a second report shows planned layoff 4.9% in september. yesterday the commerce department said factory orders dropped 5.2% in august. still, just a short time ago, president obama said today's report shows that the economy is headed in the right direction. >> after losing about 800,000 jobs a month when i took office, we have more jobs and we found out this link at the unemployment rate has fallen to its lowest level since i took office. [cheers] [applause] megyn: joining me now is lou dobbs. he is the host of "lou dobbs tonight" on the fox business network. it is good news, says the president? >> it is good news for him. this is as nice of a result that he could have asked for. the bad news is that this is based on the household survey. the unemployment rate. it is figured differently than the payroll number, that revealed only 114,000 jobs were created last month, and megyn, only 10,000 of those jobs were government. megyn: we have been showing the chart of job creation over the past year or so. back in
allows the banners for two weeks while he makes a final decision. martha: fox news alert. president obama is about to address the my jobs numbers. that will happen minutes from now during a campaign stop in the swing state of virginia where we expect to see him moments from now. this as new questions arise about that number. some people are questioning the accuracy of the 7.8% number that came in for the month of september. joined now by steve moore, a senior economic writer at the "wall street journal" and matt mccall the president of the penn financial group. good to have you with us this morning. let's take a look at some of the numbers. one of the numbers revealed in this economic report is this one, 114,000 new jobs were added in the month of september. some folks are questioning how you get from a to b with that 7.81% number. let me put one more number up here which may give some background information on this. employed part time for economic reasons, so people who took a part time job because they can't get a full time job we assume, that number keeps rising, that went from 8 milli
of a week from tuesday's all important second presidential debate. in the meantime traveling the i-4 corridor in this area. split in 2008 and yesterday in peterson and tampa bay area where president obama took both counties four years ago and the government hitting on thes between himself and the president this weekend. >> he for instance is going to raise taxes and his vice-president blurted out the truth. they plan on raising them trillion and it is two trillion when you put it together. that is an increase on taxes in maul business and that will mean less jobs. >>> and in the meantime obama campaign continues to hit mitt romney on the idea of being dishonest and nigh add out there saying he was not for a five trillion tax cut he was lying about that as he was when he said the president wants to raise the taxes $4000. obama disputed that that was independent but did not dispute the $4000 figure. and in the meantime president in cleveland making fun of mitt romney. listen to this. >> for all of you moms and kids out there. don't worry, somebody is getting tough on big bird. elmo, yo
's corruption here, that the chicago people, meaning the guys around president obama, got to the bls. >> chris. >> and manipulated the numbers. >> chris, stop it now. i have reviewed 14 businesses this week from restaurants to rental cars to widgets. i have seen everybody with a third quarter equal to or weaker than first quarter. in order to get 873,000 new jobs, you would have to have a gdp going at 4% to 5%. the second quarter was downgraded from 1.7 to 1.3. the third quarter is the no going to be very strong. it just defies the imagination to have a surge larger than any surge since 1983 a month before the election. i leave it to you to do all the analys analysis. >> i'm just going back because it seemed like you were doing that. let me go to keith hall. he was bush's guy, commissioner of the bls. he said to "the wall street journal" today following what you said, there's no way someone at the bureau of labor statistics could change neb data from its surveys. these numbers are good. so why do you know more than him? do you really think it gets back to the question of integrity. do you beli
't really relevant at the moment. this week was all about debates and unemployment. it just didn't seem to fit in. yeah, it got out there. >> amy holmes, has obama's speech received moderate coverage at the time and this time around covered as a media story and disappeared. did this story fizzle? >> i think it did and it's unfortunate. it fizzled because it was covered as a race war story or a media story instead of a promise story that senator obama is promising better treatment because of disparate treatment. historically has that come to pass. he's made some very bold claims as you pointed out that new orleans got less favorable treatment than new york. it turns out some fact-checkers said that wasn't true. but meanwhile he's been president for four years whach has he done to wreckty file that situation? has he worked with governor jindal? how did this all play out and unfortunately the media is not asking those questions. >> i talked to tucker carlson of "newsweek" this week. he said some of the reaction in the press was disgust and reflects t reflects a larger problem in the press,
on this. in all the news this week, you may have lost what happened on monday when columnist george will said that president obama is likely to be re-elected because america is unwilling to fire its first black president? my dear george letter is next. [ scratching ] you're not using too much are you, hon? ♪ nope. [ female announcer ] charmin ultra soft is so soft you'll have to remind your family they can use less. charmin ultra soft is made with extra cushions that are soft and more absorbent. plus you can use four times less versus the leading value brand. don't worry, there's plenty left for you dad. we all go. why not enjoy the go with charmin ultra soft? share everything by turning your smartphone into a mobile hotspot for up to 8 wifi-enabled devices at no extra charge. like the new droid razr m by motorola only $99.99. >>> every now and then i like to push back from the big panel and give some people individualized attention. sometimes the best way to make your point is with a personalized touch leak a letter. so george will, this one's for you. dear george. it's me, melis
to do. >> i asked you earlier in the week if it was a romney rally you said no. didn't have to argue this would be an obama rally. >> i would think so. same people who were trying to push the victory leading to the prices yesterday how do they figure the unemployment numbers here. so what we're really seeing and i wrote about it in my comments this morning, is we're still going by europe is driving the bus. and yesterday was moving up. could you see some romney influences? the coal companies that he mentioned and some of the health care people and you can see some of the obama influences. but that's kind of the backdrop. the reason why the numbers look disproportional says a blot our mrk markets being illiquid. >> what does it mean about merkel going to greece. is that pivotal? >> i'm not sure unless there's a surprise. poor greece is out there festering. everybody is concentrating on spain. greece has not been solved. would be good to solve it. but that doesn't change anything about spain which is a much bigger factor and spain brings in the challenge of italy behind it. so that the
. it is going to be fascinating to see what the polls show this next week. a lot of it may hinge on what happens in three minutes. we've got the jobs report coming out and the obama campaign obviously crossing their fingers. >> we'll bring that to you live. chuck and miles stay with us. the jobs number is moments away. we'll be right back. [ female announcer ] ready for a taste of what's hot? check out the latest collection of snacks from lean cuisine. creamy spinach artichoke dip, crispy garlic chicken spring rolls. they're this season's must-have accessory. lean cuisine. be culinary chic. >>> breaking news. the jobs numbers are out the lowest since january of 2009. >> 7.8%. that politically is great news. however, you got to scratch your heads. 114,000 nonfarm jobs added. you have to have 150,000 just to keep up with population growth. i'm not an economist but this has to mean that more and more people, miles nadal, are discouraged and have just stopped looking for work. if you're not even having enough jobs created to keep up with population growth, and the unemployment rate drops 0.3 percent
suggesting the obama administration had something to do with cooking the numbers because they were so favorable. as you know, the reaction to the president to debate that happened this week has been more positive for raleigh and a little more negative for the president -- romney and a little more negative for the president. is it possible? it seems so ironic and well timed at the unemployment rate has dropped so favorably for the present one month before election day. is there any w the bureau of labor statistics could have tweaked the numbers? we had labor secretary hilda solis on cnbc rejecting this. she says, i have the highest respect for the people who work at the bureau of labor statistics. this is ludicrous, the charges that are coming about the numbers being manipulated. there is no serious economists who would take these charges seriously. caller: good morning. i kept hearing in the media that regardless of who is president, 20 million jobs would be created over the next 10 years. i took time this morning to look it up. it also states that construction will not catch up in th
Search Results 88 to 104 of about 105 (some duplicates have been removed)